Asia has seen a flurry of activity lately, with airlines acquiring widebodies for new services touted as “long-haul low-cost,” but the term is misleading because the flights being proposed are really medium range. A question mark hangs over whether the low-cost carrier (LCC) model can be successfully applied to long-range flights. AirAsia X tried it and failed. The Malaysia-based airline has been serving London Gatwick and Paris Orly airports, but will be suspending these services at ...

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